Battle Born Venture

Battle Born Venture is Nevada’s state-sponsored venture capital program, established to support high-growth startups and diversify the state’s economy. Funded through the State Small Business Credit Initiative (SSBCI), it focuses on making equity and equity-like investments in early-stage companies that have the potential for significant impact in Nevada. Launched in 2014, Battle Born Venture has invested in a diverse range of sectors, including software, healthcare, consumer brands, and fintech. The program typically co-invests alongside other professional venture capital firms, such as Greycroft Partners, and has supported university spinouts and startups linked to Nevada’s research institutions. To qualify for funding, companies must be headquartered in Nevada, be for-profit entities, and demonstrate a scalable business model. Battle Born Venture usually invests up to $1 million over the life of a company, with an initial cap of $500,000 per round. Their investments are sector-agnostic, although they do avoid industries like gambling, alcohol, and firearms. The program is particularly focused on supporting startups at the seed or Series A stages, but it also considers pre-seed companies, especially those connected to Nevada’s universities or supported by the state’s Knowledge Fund. Battle Born Venture's involvement is crucial for startups looking to attract further investment and scale their operations, helping to solidify Nevada's growing startup ecosystem.